PYMNTS-MonitorEdge-May-2024

gambling

MGM Backs Off Acquisition Of British Gaming Platform Entain
MGM Backs Off Acquisition Of British Gaming Platform Entain
January 19, 2021  |  Acquiring

MGM Resorts International said it’s pulling the plug on its bid to acquire the gaming platform Entain, which is its BetMGM partner. After Entain rejected...

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Voters In Six States Give COVID-Battered Gambling Business A Big Boost
Voters In Six States Give COVID-Battered Gambling Business A Big Boost
November 05, 2020  |  Legal

Legal sports betting has literally gone from zero to 25 in the United States in just 2-1/2 years, as Louisiana, Maryland and South Dakota voters...

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Odds Are That Online Sportsbook Wins Big Post-COVID
Odds Are That Online Sportsbook Wins Big Post-COVID
September 16, 2020  |  Digital Payments

It’s been said that “gamblers find things to gamble on.” Online sportsbooks have been beneficiaries of that dictum ever since COVID-19 eradicated most live sports,...

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Deep Dive: Preventing Fraudsters From Gaming The System As Online Gaming Heats Up
Deep Dive: Preventing Fraudsters From Gaming The System As Online Gaming Heats Up
August 07, 2020  |  Authentication

Millions of consumers around the globe are turning to online games during the COVID-19 pandemic, and cybercriminals are springing into action with schemes to target...

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Online Gambling Player Rush Street Wins Support of Blank Check Firm To Go Public
Online Gambling Player Rush Street Wins Support of Blank Check Firm To Go Public
July 27, 2020  |  IPO

Chalk up another major deal for blank check companies, one of Wall Street’s hottest new trends, with online gambling and sports betting company Rush Street...

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Las Vegas Not Near Normal As Casinos Curtail Offerings
Las Vegas Not Near Normal As Casinos Curtail Offerings
July 23, 2020  |  Economy

In a sign that the Las Vegas Strip is not near its usual level of operations, Wynn Resorts Ltd. is positioned to put staffers on...

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Online Gambling Surges As Consumers Turn To Digital Casinos Amid The Pandemic
Online Gambling Surges As Consumers Turn To Digital Casinos Amid The Pandemic
July 06, 2020  |  Disbursements

Amid a pandemic that has shuttered brick-and-mortar casinos, the burgeoning online gambling or gaming space may make it through COVID-19 with less adverse financial effects...

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FanDuel Launches Stand-Alone Casino App In Pennsylvania
FanDuel Launches Stand-Alone Casino App In Pennsylvania
June 24, 2020  |  Mobile Applications

Fans of gambling in Pennsylvania will have access to a new stand-alone gambling app with FanDuel Group‘s newest product, according to a press release. The...

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Today In Payments: US Casinos To Go Cashless; Mastercard, Visa Lose Round On UK Swipe Fees
Today In Payments: US Casinos To Go Cashless; Mastercard, Visa Lose Round On UK Swipe...
June 18, 2020  |  News

In today’s top news, U.S. casinos are moving toward cashless gambling, and Visa and Mastercard lost their bid to assess fees on retailers in the...

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